State-owned Abu Dhabi National Oil Co (Adnoc) is expected to ramp up run rates and have all of the units at its newly expanded Ruwais refinery operating by June, industry sources said.
The expanded refinery, wh

Record oil prices above $145 a barrel are being driven by speculative cash pouring into the oil market, Saudi Oil Minister Ali al-Naimi said.
The oil minister of the world's biggest exporter said demand and supply were less at play in the